Signals
Lingrid | AUDJPY in CONSOLIDATION zone. Potential SHORT The price perfectly fulfilled my last idea. It reached the target zone. FX:AUDJPY has broken and closed above the channel, but the overall market trend remains sideways. The price is approaching a level where it tanked from this resistance, indicating that bears may be active in this zone. If the price rejects the resistance and upward trendline, we can expect price to fall again. Given the current sideways movement, I expect the market to potentially bounce off the top of the range and subsequently move toward the channel border. My goal is support zone around 100.750
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DXY Will Move Lower! Short!
Here is our detailed technical review for DXY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 106.561.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 106.415 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
GOLD Is Bearish! Sell!
Take a look at our analysis for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 2,634.92.
The above observations make me that the market will inevitably achieve 2,574.59 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Is Very Bullish! Buy!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.056.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.057 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPUSD Is Going Up! Long!
Here is our detailed technical review for GBPUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.266.
Considering the today's price action, probabilities will be high to see a movement to 1.281.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
AUDCHF Will Go Higher! Buy!
Here is our detailed technical review for AUDCHF.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.573.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.576 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Russia has issued a stern warning to the US and its alliesWorld gold prices increased sharply due to increased demand for safe havens. Kitco senior analyst Jim Wyckoff said that buying activities take place when the geopolitical situation is heating up, promoting stronger risk-avoidance sentiment.
Reports say Ukraine has carried out its first attack on a border region in Russia using long-range missiles supplied by the West.
On November 17, the New York Times reported that US President Joe Biden authorized Ukraine to use ATACMS missiles to attack deep into Russian territory. However, the White House has not yet issued an official statement.
RT reported that Russia has issued a stern warning to the US and its allies, declaring that any use of long-range missiles by Ukraine to attack deep into Russian territory would mean that major powers The West is directly involved in the conflict.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that any such move would "completely change the nature of the Ukrainian conflict".
XAU/USD : More Fall Ahead ? (READ THE CAPTION)Analyzing the #Gold chart on the 4-hour timeframe, we notice that today’s market opened with a positive price gap between $2563 and $2566 . These types of gaps often act as magnets for price action, as markets tend to fill such gaps over time. Based on the current bullish momentum, I expect a price correction in the near future to fill this gap.
Looking deeper into the structure, we can see that gold’s recent rally has managed to fill the Fair Value Gap (FVG) from the previous bearish move to a significant extent. However, it still has room to climb and fully fill the gap at $2606. This level could serve as a critical zone where we might observe a strong price reaction . Keep this level on your radar—it could either confirm a continuation of the bullish trend or trigger a reversal.
From a broader perspective, the ongoing geopolitical tensions in the Middle East and the Ukraine-Russia conflict continue to provide a safe-haven bid for gold. These factors have been instrumental in driving demand, even as the US dollar shows signs of consolidation after its recent strength.
On the macroeconomic front, recent data showed strong US retail sales for October , indicating resilience in the economy. However, there’s growing uncertainty around the Federal Reserve's policy direction. Markets currently price in a 65% probability of a 25bps rate cut in December, which could weigh on the dollar further and provide support for gold in the medium term.
From a technical standpoint:
1. Gold remains in a bullish structure, but short-term corrections are expected due to overbought conditions and the need to fill the gap at $2563-$2566.
2. The $2606 level acts as a magnet for price, as it marks the full closure of the previous FVG. Monitor this level closely for signs of rejection or continuation.
3. In case of a rejection at $2606, a retest of support levels near $2545-$2550 could be on the cards, aligning with the gap fill.
Key Levels to Watch :
- Support: $2563 (gap low), $2545
- Resistance: $2606 (FVG top), $2620
To summarize, while gold’s rally has been impressive, the presence of both the unfilled gap below and the remaining FVG above suggests that the market could be at a pivotal point. Watch these levels carefully, as they are likely to guide gold’s next move.
Previous Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
BONKUSD going at least x10 from here!Bonk (BONKUSD) just formed a Golden Cross on the 1D time-frame and having broken above its current ATH Resistance (March 04 High), it is expected to rise parabolically from here.
To back this up, that is exactly what took place after the previous 1D Golden Cross a year ago (November 08 2023), when again the price broke above Resistance 1 and turned parabolic to the 3.0 Fibonacci extension, completing a +20200% rise from its bottom.
If a new +20200% rise seems unrealistic to you (it would however form a perfect Higher High at the top of the long-term Channel Up), then you can target the 3.0 Fibonacci extension at $0.0006650, which represents a +1100% rise from the current levels. A x10 opportunity indeed.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
EURJPY bottomed on the 1D MA50. +5.40% upside potential.The EURJPY pair has been trading within a Channel Up pattern since the September 16 Low. Yesterday it made a Higher Low on the 1D MA50 (blue trend-line) and rebounded. This is identical to the post December 07 2023 Channel Up, which was also supported by its 1D MA50 until its very top (July 11 2024).
The 1D RSI sequences between the two fractals are also similar and even more importantly the Channel Up patterns appear to have a high degree of symmetry. So far the two Bullish Legs have risen by +5.40%.
As a result, we are expecting another +5.40% from yesterday's bottom, so our Target is just below it at 170.000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAUUSD prices increased mainly due to Russia-Ukraine tensionsPreviously, investors expected that Mr. Trump could end the Ukraine conflict within 24 hours as announced after his election. Expectations that geopolitical tensions will cool in many areas have caused gold to plummet, from a peak of 2,789 USD/ounce recorded today, October 30, to 2,540 USD, November 14.
But now, the forum in Ukraine may change. Ukraine believes that US long-range missiles can "change their address", while Russia will certainly respond strongly if Kiev uses long-range missiles to target Russian territory.
According to Bloomberg, Moscow has just attacked Ukraine and launched a long-range missile made by an American manufacturer into Russia's Bryansk province. This is a very bad signal for this area.
With the latest forums, gold recorded a very rapid increase in purchasing power. Goldman Sachs has just reported that gold will reach 3,000 USD/ounce in 2025.
In the medium and long term, gold is still supported by the interest rate cycle of the US Federal Reserve (Fed).
🔥 XAUUSD BUY 2622 - 2620🔥
💵 TP1: 2630
💵 TP2: 2635
💵 TP3: OPEN
🚫 SL: 2614
🔥 XAUUSD SELL 2644 - 2642🔥
💵 TP1: 2635
💵 TP2: 2630
💵 TP3: OPEN
🚫 SL: 2652
Gold-> Buyer Back Yet?Dear Traders, Ben here!
After suffering significant losses last week, gold has regained its recovery momentum and is trading positively above $2,600 on Monday. The fundamental backdrop supports this recovery. Key resistance levels at $2,518 and $2,628 now divide the market into two distinct zones.
Meanwhile, market participants are awaiting moves from several Fed officials this week to gain further insights into the U.S. interest rate trajectory.
The most likely scenario at the moment is a slight recovery in gold prices following the recent steep sell-off, with expectations for gold to climb higher after several reversals in the USD.
In the medium term, bulls need to reassess U.S. policy planning in December, as the Fed is expected to hold rates steady in January. This has not been fully priced into the market, so any adjustments could pose challenges for gold.
Technically, since the market opened, prices have climbed considerably, increasing the likelihood of resistance capping further upward movement. A false breakout at $2,589 and subsequent consolidation below this zone would strengthen selling pressure. However, there is potential for a retest of $2,618 (Order Block).
Similarly, a failed breakout could trigger selling momentum. But if the fundamentals align strongly in favor of gold, the market may have a chance to shift the local trend from the $2,618 zone.
GBPJPY First 1D Golden Cross after 19 months. Strong BUY.The GBPJPY pair is forming today a Golden Cross on the 1D time-frame, the first such pattern in exactly 19 months (April 21 2023). Naturally this is a huge bullish signal alone, as technically the Golden Cross calls for upside action. But more specifically for this pair's price action, it indicates the high probability of an immediate aggressive push as the current formation is very similar to the April 2023 one.
As you can see, both were trading within a Channel Up up to the moment of the Golden Cross, having started after a 1W MA100 (red trend-line) test. The 1D CCI trading on Higher Lows below -100.00 (oversold) is a confirmation that the price Channel Up breaks aggressively to the upside.
The previous Golden Cross pushed the price just above the 3.0 Fibonacci extension, to a +18.40% rise. Throughout this time, the 1D MA50 (blue trend-line) was supporting the uptrend.
As a result, we turn long now on GBPJPY, targeting 215.000 (just above the 3.0 Fib extension).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Lingrid | GOLD possible OPTIMAL Zone to SHORT the MARKETThe price perfectly fulfilled my last idea. It hit TP level. OANDA:XAUUSD is currently pulling back to the resistance zone at 2650 and the downward trendline. The price broke and closed above the 2600 level, suggesting that bears may not be interested in shorting at these levels. There is a possibility that the market could rally above to retest the previous week's low. I expect the price might remain within the range of the previous week, forming an inside bar pattern. This consolidation could lead to indecision among market participants as they await the impact of the upcoming news. My goal on is support zone around 2585
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
DOW JONES bouncing on the 4H MA200 and 0.5 Fibonacci.Dow Jones (DJI) found Support yesterday exactly on its 4H MA200 (red trend-line), after just a brief break of the 0.5 Fibonacci retracement level. The dominant pattern has been a Channel Up since the August 05 Low and within it, every 0.5 Fib test from the previous Low, has been the most effective buy entry as it started the new Bullish Leg.
The technical symmetry within this pattern is astounding as every Bullish Leg hit its 1.236 Fibonacci extension, completing a +8.30% rise. The ROC Higher Lows indicates that a rebound should be expected right now.
We haven't had a 1.236 Fib extension since the elections Low, so naturally take this 4H MA200 / 0.5 Fib bounce to buy if you haven't and target 45000 (also +8.30% rise).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇